I did a search at the Something Awful site and couldn't find any information about this, however a Google search led me to the full size movie (81MB) and it appears it was part of an Introduction to Computer Graphics class from 2004 :http://www.cs.virginia.edu/~gfx/Courses/2004/Intro.Spring.04/

It's down in Week 10.

It also says it was made with Pintar's VirtuaLab Mechanics (corrected link: http://pintarmedia.com/product/mech.php) an $89 Windows only program.

I think it's very funny, and Neodaemmerung just adds to the awesomeness :-D (especially on the ninja parts!).*watches again*Awesome!

By the way, are there any SA.com regulars that could shed some light on what program was used, please? I'd check out the site, but I wouldn't know where to start! (I'm usually only there for 'Photoshop Phridays' ;-)).